Only 10% of Multiemployer Plans Are in Critical and Declining Status
Nearly two-thirds (64%) of multiemployer plans are in the green zone, according to data from Segal Consulting.
Tag: retirement plan legislation
Legislators Reintroduce RETIRE Act to Congress
The bill would allow retirement plan sponsors to automatically default participants into receiving plan documents and statements online.
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Segal Group Offers Reporting and Disclosure Calendars
One applies to multiemployer benefit plans and the other applies to single-employer benefit plans.
House Bill Would Allow Sponsors to Force Larger Auto-IRA Cash Outs
The Retirement Plan Modernization Act would raise the automatic IRA rollover limit, based on the rate of inflation, from $5,000...
Tax Reform Bill Would Be Unfavorable to NQDC Plans
In addition, tax-exempt employers would be subject to additional taxation rules.
Congress Adds to Relief for Hurricane Victims
The act, signed into law last week, allows tax-penalty-free withdrawals and larger loan amounts from retirement accounts than current statutory...